zerohedge June 15, 2018

Authored by Lance Roberts via RealInvestmentAdvice.com, On May 24, 2018, Paul La Monica penned an article for CNN Money entitled Companies have spent a stunning $2 trillion on mergers so far this year.  The article notes that in 2018 merger activity has hit a feverish pitch fueled by “healthy balance sheets and strong share prices.” While […]

zerohedge June 15, 2018

As Trade Wars began, the rest of the world dumped more Treasuries in April than in any month since January 2016… Hedge funds were buyers (as implied by the rise in holdings from the Cayman Islands)…they added $15,2 billion in April – the most ever…   But the biggest selling culprit was not “good friend” […]

zerohedge June 15, 2018

That was a week… Total chaos in FX, debt, and commodity markets and the S&P 500 ends unchanged?!! The Dow ended the week red, S&P was manipulated perfectly to unchanged, and Trannies and Nasdaq led the surge… From The Fed’s rate-hike, Dow and S&P are red… It’s Quad-Witch so what else did you expect today? […]

zerohedge June 15, 2018

Authored by Nick Cunningham via OilPrice.com, Oil prices are in a holding pattern as we await the outcome of the OPEC+ meeting in a few days… …and while the result of that meeting will almost completely control the direction of oil prices in the near-term, there is a bit of disagreement among analysts over the […]

zerohedge June 15, 2018

Just as China promised, they have responded “immediately” to President Trump’s “very big tariffs” and just unveiled $50 billion in tariffs against US goods including soybeans, light aircraft, orange juice, whiskey and beef, starting July 6th. Mirroring the US tariffs scheme, China’s Ministry of Finance is setting a two-tier system with $34bn on July 6th […]

zerohedge June 15, 2018

Update: In what some will inevitably read as a hint that President Trump might pardon him some day, Trump has weighed in on a judge’s decision to revoke Manafort’s house arrest and have him returned to prison, where he will wait until trial. In a tweet, Trump remarks about Manafort’s “tough sentence”, saying he didn’t […]

zerohedge June 15, 2018

When looking at what is arguably the most important chart for risk assets – the net change in liquidity injections/drains from central banks (in addition to net credit creation in China of course) – we have traditionally shown readers some version of the following BofA chart, which demonstrates the Y/Y change in Global QE (Big […]

zerohedge June 15, 2018

Bulletin Headline Summary from RanSquawk US President Trump set to impose USD 50bln of tariffs on Chinese imports BoJ keeps monetary policy unchanged as expected but cut its assessment on inflation, ECB’s Nowotny underlines QE and rate guidance Reports that Germany’s CSU/CDU alliance is at breaking point flatly denied Looking ahead, highlights include, Russian rate […]